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Global Bamboo Furniture Market – Industry Trends and Forecast to 2029

  • FMCG
  • Upcoming Report
  • Jun 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60
  • FMCG
  • Upcoming Report
  • Jun 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Bamboo Furniture Market, By Type (Chairs, Stools, Beds, Others), Distribution Channel (Online, Offline), End- User (Residential, Commercial) – Industry Trends and Forecast to 2029

Bamboo Furniture Market

Market Analysis and Size                              

There has been huge growth in the demand for furniture across the commercial as well as the residential sectors worldwide. Bamboo furniture has emerged as a sustainable as well as an advantageous choice amongst the consumers. As the largest market for bamboo growers, nations such as India, China, and the United States are expected to occupy 58% of the market share. The market's rise is attributed to increasing infrastructure development and a growing emphasis on the usage of sustainable materials for furnishings. Therefore, the market is estimated to grow rapidly over forecast period.

Global Bamboo Furniture Market was valued at USD 11.35 billion in 2021 and is expected to reach USD 19.08 billion by 2029, registering a CAGR of 6.70% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behavior.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2019 - 2014)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Type (Chairs, Stools, Beds, Others), Distribution Channel (Online, Offline), End- User (Residential, Commercial)

Countries Covered

U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa

Market Players Covered

Greenington (U.S.), Hanssem Co. Ltd., (South Korea), Interwood (India), Itatiaia (Brazil), Lixil (Japan), CBG Bamboo Garden Products Co..,Ltd (China), Moso Bamboo (Netherlands), Utsav Handicraft (India), Luit Nirman (India), S. Senniah Gowder (India),  Cane O Cane  (India), Zhejiang Tianzhen Bamboo & Wood Development Co., Ltd. (China), Howdens Joinery Ltd., (U.K.), IKEA (Sweden), GEK GUAN RATTAN FURNITURE (M) SDN BHD (Malaysia), July Bambu Co. Ltd (Singapore)

Market Opportunities

  • Increased awareness regarding the advantages
  • Rising investments in infrastructure developments

Market Definition

Bamboo furniture is furniture made out of the bamboo is among the hardest woods and can be made into beds, chair, tables, stools, and other. They are durable, don’t get shrink in moist or dry environments, and are environmentally friendly in nature They are generally available in two colors such as light color of maple and amber shade in wood.

Bamboo Furniture Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

  • Burgeoning Utilization Across Commercial and Residential Sectors

Long-term market demand is also boosted by variables such as an increase in the number of eateries, clubs, and pubs globally. The demand for bamboo furniture from hotels and offices is fueling the market's expansion. Bamboo furniture is also employed in workplaces, leisure facilities, and housing units. Rising consumer demand for rich, natural, and exquisite interior décor is expected to drive demand for crochet and woven designed furniture, resulting in market growth for bamboo furniture.

  • High Demand for Eco-Friendly Products

Additionally, increasing popularity of environment-friendly products and rising real estate construction usually initiated by the government are also accelerating the demand for bamboo furniture. The global demand for bamboo furniture is increasing as people become more mindful of global warming and the environment. Bamboo absorbs carbon dioxide 40 percent more efficiently than other alternatives and releases 36 percent more oxygen as a tree. It lowers carbon dioxide levels in the atmosphere, which is the primary cause of global warming. As a result, consumers are turning to green alternatives such as bamboo, which works great for furniture and ornamental items. These factors are expected to propel the bamboo furniture market forward during the projected period.

Furthermore, the bamboo furniture is artistically attractive, which will also drive market value growth over forecasted timeframe. Bamboo is gaining popularity as a wood substitute due to its mechanical strength, durability, ease of supply, and aesthetic appeal.

Opportunities

  • Surging Investments and Awareness

Furthermore, the rising investments in infrastructure developments further extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Additionally, the increased awareness regarding the advantages of using this material for sustainability will further expand the future growth of the bamboo furniture market.

Restraints/Challenges

  • Adverse Effects of Climatic Conditions

The moisture as well as the dampness is bamboo's worst enemy. Bamboo furniture is not suitable for use outside during the rainy season. A solid waterproof cover or a coat of outdoor sealant is required. Furthermore, too much moisture damages the substance and makes the wood mushy. As a result, it weakens and loses its shape, which may stifle the market for bamboo furniture.

  • Prone to Insects

The bamboo furniture is easily prone to insects and therefore, IT must be treated thoroughly to prevent it from insects and decay before it can be used. This factor is anticipated to challenge the bamboo furniture market growth rate.

This bamboo furniture market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the bamboo furniture market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Global Bamboo Furniture Market Scope

The bamboo furniture market is segmented on the basis of type, distribution channel and end- user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Chairs
  • Stools
  • Beds
  • Others

Distribution Channel

  • Online
  • Offline

End- User

Bamboo Furniture Market Regional Analysis/Insights

The bamboo furniture market is analyzed and market size insights and trends are provided by country, type, distribution channel and end- user as referenced above.

The countries covered in the bamboo furniture market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the bamboo furniture market during the forecast period of 2022-2029 because of the high investments and improving living standards within the region.

On the other hand, North America is estimated to show lucrative growth due to the rising popularity of outdoor furniture such as beach beds, bamboo chairs, rattan chairs, and others within this region during the forecast period of 2022-2029.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Bamboo Furniture Market Share Analysis

The bamboo furniture market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to bamboo furniture market.

Some of the major players operating in the bamboo furniture market are

  • Greenington (U.S.)
  • Hanssem Co. Ltd., (South Korea)
  • Interwood (India)
  • Itatiaia (Brazil)
  • Lixil (Japan)
  • CBG Bamboo Garden Products Co., Ltd (China)
  • Moso Bamboo (Netherlands)
  • Utsav Handicraft (India)
  • Luit Nirman (India)
  • S. Senniah Gowder (India)
  • Cane O Cane (India)
  • Zhejiang Tianzhen Bamboo & Wood Development Co., Ltd. (China)
  • Howdens Joinery Ltd., (U.K.)
  • IKEA (Sweden)
  • GEK GUAN RATTAN FURNITURE (M) SDN BHD (Malaysia)
  • July Bambu Co. Ltd (Singapore)


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Frequently Asked Questions

The major players covered in the bamboo furniture market report are Greenington LLC; CBG Bamboo garden products co.,ltd,  Moso International B.V, Utsav Handicraft, Luit Nirman, S. Senniah Gowder, caneocane.in; Zhejiang Tianzhen Bamboo & Wood Development Co., Ltd, Gek Guan Enterprise Sdn Bhd; Reforest Design, July Bambu Co. Ltd, Shenzhen Vincent Handicraft Co., Limited, among other domestic and global players.
North America region is expected to score the highest CAGR due to the rising popularity of outdoor furniture such as beach beds, bamboo chairs, rattan chairs, and others within this region.
The Bamboo Furniture Market is to grow at a CAGR of 6.70% during the forecast by 2029.
The market value for Bamboo Furniture Market is expected USD 19.08 billion by 2029.